VIP Space Odyssey is being built by VIP Thailand Development Company. It is a resort-style condominium with 619 apartments in four buildings of 8 floors each. Studios and one- and two-bedroom apartments are on sale, with a minimum price of 4,400,000 ฿. Overall delivery runs from Q3 2025 to Q4 2028, building by building, so the date for a specific apartment should be checked separately.
Apartments are handed over fully finished: ceramic tiling, built-in lights, an individual air conditioner in each room, and sanitary fittings. A furniture package is ordered separately. Windows look over the garden and grounds, and some apartments have a partial sea view.
Rawai Beach is 800 m away, about a 10-minute walk. The promenade, markets, restaurants and a boat station serving the islands are all within walking distance. Nai Harn Beach is about 6–8 minutes by car, and the Promthep Cape viewpoint is around 4 minutes.
Villa Market and Makro are about 5 minutes away, International Medical Center 7 minutes. The ISP and BCIS international schools are a 20–25 minute drive, and Phuket Airport takes about an hour. The area is mixed: expats and families with children live here, and new complexes and hotels are going up nearby.
Three studio types of 29.3, 29.45 and 31.75 m² with one bathroom. Prices start at 4,400,000 ฿, from 152,000 ฿ per metre.
Sizes range from 32 to 46 m² with one bathroom. Prices start at 5,280,000 ฿, from 165,000 ฿ per metre. The types differ noticeably, so compare the plans when choosing.
Sizes of 60–68 m², two bathrooms, priced from 9,300,000 ฿, from 155,000 ฿ per metre.
The grounds are planned to include panoramic pools and terraces, fitness rooms, a spa, a kids club and play areas. For daily life there are shops, restaurants serving Thai and international food, lounge areas and a reception. Each building has 4 passenger and 2 service lifts, there is one parking space per apartment, and the site has 24-hour security.
The reservation costs 200,000 ฿, followed by 30% within 30 days, 30% on completion of the foundations, 30% when the structure and roof are ready, and the final 10% at handover. Leasehold and quota Freehold are both available, with a Freehold premium of 10,000 ฿ per metre.
Regular costs include maintenance of 60 ฿ per metre per month, paid once a year, plus one-off payments of 400 ฿ per metre to the sinking fund and 5,000 ฿ for meters. The developer states a 6% return for three years. Check the programme terms in the contract.
Studios appeal to buyers with a smaller budget planning to let or spend winters here. One-bedroom apartments are chosen for living as a couple, and two bedrooms suit a family. Delivery running to the end of 2028 makes the project an option for those who do not need to move in right away.
Current prices and available apartments are in Telegram: t.me/thai_dir.
🌴 Beaches
Rawai Beach — 800 m, about a 10-minute walk
Nai Harn Beach — 6–8 minutes by car
Promthep Cape — about 4 minutes
🛍 Shopping
Villa Market — about 5 minutes
Makro — about 5 minutes
🏥 Hospitals
International Medical Center — about 7 minutes
🎓 Schools
ISP and BCIS — 20–25 minutes
✈️ Airport
Phuket Airport — about an hour
🏠 In the building
Developer: VIP Thailand Development Company
Height: 8 floors, 4 buildings
Apartments: 619
Sizes: 29–68 m²
Completion: phased, by Q4 2028
Ownership: Leasehold or quota Freehold
🏊 Pool
Panoramic pools and terraces
🏋 Sport
Fitness rooms
Spa
🍽 Restaurants
Restaurants with Thai and international food
Lounge areas
🏠 In the building
Kids club and play areas
Shops and reception
4 passenger and 2 service lifts per building
🚗 Parking
One space per apartment
🔒 Security
24-hour guards
💳 Payment
Reservation — 200,000 ฿
30% within 30 days of reservation
30% on completion of foundations
30% when structure and roof are ready
10% at handover
💰 Terms
Registration: 1.1% for Leasehold, 6.3% for Freehold shared 50/50 with the developer
Freehold premium — 10,000 ฿ per m²
Sinking fund — 400 ฿ per m² one-off
Maintenance — 60 ฿ per m² per month, paid annually
Meters — 5,000 ฿
VIP Thailand Development Company was founded in 2015 and works in Phuket. It handles property development and construction, property management and brokerage. Its current focus is on boutique projects, resort-style villas and hotels.